National CineMedia (NCMI) Reports Q2 Loss, Lags Revenue Estimates

National CineMedia (NCMI) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this theater advertising company would post a loss of $0.2 per share when it actually produced a loss of $0.24, delivering a surprise of -20%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.National CineMedia, ...